Spire Global (Spire Global) Days Payable : 44.73 (As of Dec. 2023)

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What is Spire Global Days Payable?

Spire Global's average Accounts Payable for the three months ended in Dec. 2023 was $6.3 Mil. Spire Global's Cost of Goods Sold for the three months ended in Dec. 2023 was $12.9 Mil. Hence, Spire Global's Days Payable for the three months ended in Dec. 2023 was 44.73.

The historical rank and industry rank for Spire Global's Days Payable or its related term are showing as below:

SPIR' s Days Payable Range Over the Past 10 Years
Min: 48.08 Med: 59.05 Max: 74.08
Current: 48.59

During the past 4 years, Spire Global's highest Days Payable was 74.08. The lowest was 48.08. And the median was 59.05.

SPIR's Days Payable is ranked better than
51.25% of 923 companies
in the Business Services industry
Industry Median: 47.39 vs SPIR: 48.59

Spire Global's Days Payable increased from Dec. 2022 (44.65) to Dec. 2023 (44.73). It may suggest that Spire Global delayed paying its suppliers.

Spire Global Days Payable Historical Data

The historical data trend for Spire Global's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Spire Global Days Payable Chart

Spire Global Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

62.99

74.08

48.08

55.10

Spire Global Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial									44.65	49.84	51.20	42.56	44.73

Competitive Comparison of Spire Global's Days Payable

For the Specialty Business Services subindustry, Spire Global's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Spire Global's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Spire Global's Days Payable distribution charts can be found below:

* The bar in red indicates where Spire Global's Days Payable falls into.

Spire Global Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Spire Global's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (4.8	+	8.012)	/	2 )	/	42.434	*	365
=	6.406					/	42.434	*	365
=	55.10

Spire Global's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (4.62	+	8.012)	/	2 )	/	12.886	*	365 / 4
=	6.316					/	12.886	*	365 / 4
=	44.73

Spire Global Days Payable Related Terms

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Spire Global (Spire Global) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Spire Global Inc (NYSE:SPIR) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

EL9:Germany

Address

8000 Towers Crescent Drive, Suite 1100, Vienna, VA, USA, 22182

Website

https://www.spire.com

Spire Global Inc is a provider of space-based data, analytics, and Space Services, offering datasets and powerful insights about Earth from the ultimate vantage point of space so that organizations can make decisions with confidence, accuracy, and speed. The Company generates revenue from four solutions: Maritime, Aviation, Weather, and Space Services. It offers the following three data solutions to customers; Maritime-precise space-based data used for accurate ship monitoring, ship safety, and route optimization, Aviation-precise space-based data used for accurate aircraft monitoring, aircraft safety, and route optimization, and Weather-precise space-based data used for accurate weather forecasting.

Executives

Boyd C. Johnson	officer: CLO and Corporate Secretary	8000 TOWERS CRESCENT DRIVE, SUITE 1225, VIENNA VA 22182
Theresa Condor	director, officer: EVP, GM Spire Space Services	251 RHODE ISLAND STREET, SUITE 204, SAN FRANCISCO CA 94103
Peter Platzer	director, officer: Chief Executive Officer	251 RHODE ISLAND STREET, SUITE 204, SAN FRANCISCO CA 94103
Leonardo Basola	officer: Chief Financial Officer	8000 TOWERS CRESCENT DRIVE, SUITE 1225, VIENNA VA 22182
Thomas Krywe	officer: Chief Financial Officer	251 RHODE ISLAND STREET, SUITE 204, SAN FRANCISCO CA 94103
Joan Lordi Amble	director	AMERICAN EXPRESS COMPANY, 200 VESEY STREET, NEW YORK NY 10285
Jack Pearlstein	director	2525 NETWORK PLACE, HERNDON VA 20171
Dirk Hoke	director	251 RHODE ISLAND STREET, SUITE 204, SAN FRANCISCO CA 94103
Elizabeth Ananda Martin	officer: General Counsel	8000 TOWERS CRESCENT DRIVE, SUITE 1225, VIENNA VA 22182
John F Lusk	officer: VP & GM, Global Data Services	251 RHODE ISLAND STREET, SUITE 204, SAN FRANCISCO CA 94103
Keith E Johnson	officer: VP & General Manager, Federal	251 RHODE ISLAND STREET, SUITE 204, SAN FRANCISCO CA 94103
William Porteous	director	251 RHODE ISLAND STREET, SUITE 204, SAN FRANCISCO CA 94103
Stephen Messer	director	251 RHODE ISLAND STREET, SUITE 204, SAN FRANCISCO CA 94103
William P Crowell	other: See Remarks	41343 RASPBERRY DR, LEESBURG VA 20176
Six4 Holdings, Llc	other: See Remarks	12020 SUNRISE VALLEY DRIVE, SUITE 100, RESTON VA 20191